All Accounting & Auditing articles – Page 68
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Blog
Surveys suggest uncertainty over compliance with CECL
Recent surveys suggest continued uncertainty in the financial services sector over how to project credit losses in compliance with a new accounting rule.
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Blog
Recovering from an ethical scandal
How does a company restore its reputation after an ethical failure? Tom Fox explores how KPMG will react after its faulty audits of the embattled Gupta family.
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Article
Auditors offer ideas to help address cyber-readiness
In an era of inevitable cyber-hacks, what more can companies do to protect against and respond to a breach? Auditors are offering some attestation and reporting ideas.
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Blog
PCAOB alerts auditors to scrutinize revenue recognition
The PCAOB is putting auditors on notice to take a careful look at the work companies have done to implement the new revenue recognition standard.
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Blog
RGP and CoStar Group alliance tackles lease accounting standards
RGP, a global consulting and professional services firm, and CoStar Real Estate Manager, a lease management software provider, announced a strategic alliance to provide companies with an end-to-end solution to meet the looming deadlines for compliance with new lease accounting standards.
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Blog
KPMG and Exiger partner to leverage AI-based technology
Exiger, a global regulatory and financial crime, risk and compliance firm, recently announced a partnership with professional services firm KPMG in the U.K. to help enrich and streamline compliance solutions for its global corporate and financial institution clients.
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Blog
Radius introduces Global Compliance platform
Radius—a firm that helps companies expertly plan, execute, and manage international operations worldwide—has introduced Global Compliance, a new application that provides total visibility into each client’s unique compliance calendar so they can avoid surprises associated with corporate taxes, financial reporting, indirect taxes and other obligations.
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ArticleFor 2017 close, expect auditors to queue up queries on 2018
In preparing for the year-end close, companies should brace for auditors’ questions about the riskiest reporting areas, especially accounting rules taking effect in 2018.
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Blog
FASB proposes little fixes to big rules on financial instruments, leases
FASB is proposing new clarifications to its previously issued standards on the recognition and measurement of financial instruments and on leases.
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Blog
Cooper Standard names vice president of internal audit and compliance
Cooper Standard, a global supplier of systems and components for the automotive industry, has appointed Annemarie Kleabir to vice president, internal audit and compliance, effective Oct. 2.
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Blog
With revenue adoption lagging, grim predictions unfold
Evidence is mounting that companies are way behind in complying with new revenue rules, prompting predictions of late filings, internal control weaknesses, even restatements.
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Blog
PCAOB revises proposal on supervising outside audit work
The PCAOB is asking for a new round of public comment on a revised proposed standard that seeks to raise the bar on how audit firms supervise outside auditors.
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Blog
Hungry for a ‘win,’ Republicans unveil tax reform framework
Republican legislators have released the outline of an ambitious tax package that rethinks payments by individuals and corporations alike. Among the plans is reducing the corporate tax rate to 20 percent.
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Blog
FASB proposes tweaks to lease accounting rules
Just as new rules on revenue recognition required some tweaking as companies prepared to implement them, so apparently do the new rules on lease accounting.
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Article
Companies gear up for Q4 dash to revenue rule ready date
As the fourth quarter approaches, companies are expected to break into a sprint to complete their efforts to adopt new revenue recognition requirements.
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Blog
Deloitte confirms cyber hack exposed client information
Deloitte says information on a small number of clients was accessible to hackers after an intrusion of the firm's email platform.
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Blog
Natural disasters raise accounting, reporting implications
Companies affected by recent natural disasters may need to consider the effects on their accounting, financial reporting, and tax compliance.
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Blog
FASB plans to distinguish liabilities from equity
The FASB plans to distinguish liabilities from equity in financial statements to make the accounting rules less complex and easier to understand.
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Blog
Titan International chief accounting officer departs
Titan International said in a securities filing that Christopher Bohnert has stepped down from his role as chief accounting officer, effective as of Sept. 13, 2017.